Today's guest is Aaron Letzeiser, Aaron is the Co-Founder & COO of Obie, a venture-backed insurance and risk management technology platform serving over 17 million real estate investors in the United States.
He emphasizes the relevance of replacement prices in a property's coverage, as well as the need to update them on a regular basis to provide adequate coverage. Aaron additionally highlights the importance of property insurers providing risk-reduction recommendations in order to lower or sustain premiums.
Concluding, He advises investors to verify insurance amounts on property proformas and discusses the possibility for returns in high-rate conditions.
Episode Topics
[01:15] Meet our guest, Aaron Letzeiser
[02:44] The Birth of Obie
[06:22] The Solution: Obie's Approach
[11:25] The Future of Insurance in Real Estate
[16:27] Common Mistakes in Real Estate Insurance
[19:27] Tips for Real Estate Investors
[31:25] What is one red flag every investor should look out for?
[31:47] What is a myth about the real estate business?
[32:56] Connecting to Aaron
Notable Quotes
👉Connect with Aaron Letzeiser
👉 Connect with Tim
Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497